GITNUX MARKETDATA REPORT 2024

Must-Know Skin Care Industry Statistics [Current Data]

With sources from: 1 – fortunebusinessinsights.com/skin-care-market-102544, 2 – statista.com/study/48845/skin-care-report/, 3 – statista.com/statistics/1343681/most-well-known-face-care-brands-in-the-uk/, 4 – statista.com/statistics/1343658/most-well-known-face-care-brands-in-the-united-states/ and many more

In this post, we will explore key statistics and trends in the skincare industry, shedding light on the global market size, regional insights, consumer behaviors, and future projections. From the dominance of the face cream segment to the surge in organic product sales, these figures provide a comprehensive overview of the ever-evolving skincare landscape. So, let’s dive deep into the numbers shaping one of the most lucrative sectors of the beauty industry.

Statistic 1

"The global skincare products market size was valued at 141.3 billion USD in 2019."

Sources Icon

Statistic 2

"Asia Pacific held the largest revenue-based share of 39.5% in 2019."

Sources Icon

Statistic 3

"The skincare industry is expected to grow at a CAGR of 4.4% from 2020 to 2027."

Sources Icon

Statistic 4

"Face cream segment dominated the market with a share of 36.4% in 2019."

Sources Icon

Statistic 5

"The skincare industry generated around 17 billion US dollars of revenue in the United States in 2019."

Sources Icon

Statistic 6

"Global skin care product sales are predicted to exceed 189 billion U.S. dollars by 2025."

Sources Icon

Statistic 7

"Organic and natural skincare product sales are expected to represent over 30% of the global cosmetic market by 2024."

Sources Icon

Statistic 8

"In 2018, 57% of U.S. women claimed to have purchased skincare products at Walmart or other similar retailers."

Sources Icon

Statistic 9

"In 2020, over 36% of skincare consumers in the U.S. used skincare products multiple times a day."

Sources Icon

Statistic 10

"The U.S. is the most valuable beauty and personal care market, estimated at $97.3 billion in 2020."

Sources Icon

Statistic 11

"The online sales penetration of skincare products in the U.S. was approximately 15% in 2018."

Sources Icon

Statistic 12

"South Korea is the third-leading country in the Asia Pacific skincare market, estimated to be worth $13 billion in 2020."

Sources Icon

Statistic 13

"By 2025, it’s estimated that the U.S. facial skincare market alone will be worth around $7.2 billion."

Sources Icon

Statistic 14

"In 2019, 14% of skincare products launched in South Korea were anti-aging products."

Sources Icon

Interpretation

The skincare industry continues to experience significant growth globally, with a diverse range of trends and patterns driving consumer behavior and market dynamics. Asia Pacific stands out as a key player in the market, reflecting the region's strong influence on industry trends and innovations. The dominance of face cream products underscores the importance of skincare basics in consumer preferences, while the increasing focus on organic and natural products signals a shift towards sustainability and wellness in the market. The U.S. remains a powerhouse in beauty and personal care, with a growing online presence shaping the way consumers purchase skincare products. These statistics collectively point towards a thriving and evolving industry, with opportunities for further market expansion and diversification in the coming years.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!